Mutebile Defends Closure of Commercial Banks

Comments 577 Views Kampala, Uganda
Central Bank Governor Emmanuel Tumusiime Mutebile before COSASE. Olive Nakatudde

Central Bank Governor Emmanuel Tumusiime Mutebile before COSASE. Login to license this image from 1$.

In short
Mutebile told COSASE chaired by Bugweri County MP Abdu Katuntu, that it was necessary to close the banks because failure to intervene would have led to a financial crisis that would have harmed the financial sector, businesses and economy.

 

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